https://www.taxtmi.com/caselaws?id=193377 Chapter XIV-B block assessment is confined to undisclosed income detected from search material and cannot be used to revisit entries already recorded in regular books. Additions for unexplained cash credits were deleted because the credits appeared in the books for the relevant year, the return due date had not expired on the date of search, and the appellate findings accepted creditor confirmations without perversity. Disallowance of commission expenditure was also deleted because the payment was already reflected in the regular records and the seized document was only a printout of those books. en-us Tue, 03 Mar 2009 00:00:00 +0530 Wed, 26 Jul 2017 15:29:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193377 Chapter XIV-B block assessment is confined to undisclosed income detected from search material and cannot be used to revisit entries already recorded in regular books. Additions for unexplained cash credits were deleted because the credits appeared in the books for the relevant year, the return due date had not expired on the date of search, and the appellate findings accepted creditor confirmations without perversity. Disallowance of commission expenditure was also deleted because the payment was already reflected in the regular records and the seized document was only a printout of those books. Case-Laws Income Tax Tue, 03 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193377